Lima One Capital
20 Case Studies
A Lima One Capital Case Study
Two Oklahoma-based investors faced a challenge securing financing for a fix and flip project in Oklahoma City due to the area's median property values. They found a discounted property with great potential but needed a lender who could provide the necessary leverage. They turned to Lima One Capital for a fix and flip loan based on a previous successful experience.
Lima One provided an interest-only fix and flip loan that financed 85% of the purchase price and 100% of the rehab budget, achieving a 65% loan-to-ARV. This solution allowed the investors to complete the project and achieve a significant profit. As a direct result of this success, Lima One secured a repeat customer, as the investors returned for a DSCR loan on another property just a couple of months later.
Two Oklahoma-based Investors